Playing the property game

Playing the property game

Get a look behind the pages of the latest edition of Australian Property Investor magazine.
In this podcast Kevin Turner talks to Antonia Mercorella about the increasing incidence of multiple offers on properties.   Most agents dread getting more than one offer at a time on a property because it always seems to raise the question about transparency.   In a multiple offer situation the agent cannot disclose the level of the other offer and that may arouse suspicion in the mind of at least one of the parties.   So how should you conduct yourself as a buyer in this situation and how can you make sure your offer stays on top?
Kevin also talks to Eliza Owen from OnTheHouse.com.au about every investor’s dream about buying a gem of a property before it officially hits the market.  If it’s offered to you before it’s advertised on one of the real estate portals – or even marketed to an agent’s database – then chances are you can purchase it for a cheaper price.  But how do you go about finding it and what are the likely obstacles you will come up against?

2 Comments
  • Emma Innago
    Posted at 18:16h, 22 February Reply

    While the market might sound exciting, buying office space is probably the most difficult sector of commercial property to manage. A lack of development has meant that many office buildings are over 15 years old and require hefty capital expenditure to maintain them.

    • Kevin Turner
      Posted at 07:16h, 27 July Reply

      Good point Emma. Do you have a view on where the best potential is for investment in office space? Kevin

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